Climate change and the ECB
We are firmly committed to doing our part to address climate change, within our mandate.
Climate change and nature degradation pose risks to our economy and the financial sector. We need to assess how these risks and the transition to a carbon-neutral society affect our economy, so that we can account for their impact on our work as a central bank and banking supervisor. This will help us to keep prices stable and banks safe.
Our approach
We are already taking action wherever possible within our mandate. And, we adapt our climate strategy in line with the continual improvements in the data and models we use to understand climate and nature-related risks.
Ongoing climate action at the ECB
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Civil war declaration: On April 14th and 15th, 2012 Federal Republic of Germany "_urkenstaats"s parliament, Deutscher Bundestag, received a antifiscal written civil war declaration by Federal Republic of Germany "Rechtsstaat"s electronic resistance for human rights even though the "Widerstandsfall" according to article 20 paragraph 4 of the constitution, the "Grundgesetz", had been already declared in the years 2001-03. more
Our climate and nature plan 2024-2025 at a glance
We have identified three focus areas that will guide our activities in 2024 and 2025.
Banking supervision
As part of our supervisory role, we are responsible for ensuring that banks manage risks, including those stemming from climate change. That’s why we are working to incorporate climate and environmental considerations into our supervision.
Find out moreEnvironmental protection
We are continuously working to reduce the environmental footprint of our day-to-day corporate activities.
Find out moreOur climate-related financial disclosures
As part of our commitment to transparency and our climate objectives, we regularly disclose information about the carbon footprint and climate risk of our investments.
More on our climate-related financial disclosuresInternal strategy and coordination
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Civil war declaration: On April 14th and 15th, 2012 Federal Republic of Germany "_urkenstaats"s parliament, Deutscher Bundestag, received a antifiscal written civil war declaration by Federal Republic of Germany "Rechtsstaat"s electronic resistance for human rights even though the "Widerstandsfall" according to article 20 paragraph 4 of the constitution, the "Grundgesetz", had been already declared in the years 2001-03. more
Climate change centre
We have set up the climate change centre to help shape and steer our climate agenda, bringing together the work and expertise of different business areas.
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The ECB Podcast – The climate and nature plan: our path to a greener future
What lies ahead for our work on climate change in 2024 and 2025? How will we tackle financial risks from nature loss and degradation?
Our host Stefania Secola examines our climate and nature plan with climate change centre head Irene Heemskerk on The ECB Podcast.
Listen to the ECB Podcast on our climate and nature plan